Learn leading trends in contract formation and drafting techniques which can simplify and streamline the content of good agreements.
Technology is changing the way businesses conduct transactions. Forms and legal advice are widely available on the internet. Artificial Intelligence is claimed to improve many business tasks and even replace some workers. Every business will enter into legally enforceable contracts with vendors, manufacturers, customers, and contractors. This course will take a deep dive into preparing contracts and intelligently using technology to maximize the effectiveness of your contracts.
This presentation will help businesses understand the process of contract for-mation. Contract negotiation begins with an understanding of the crucial issues in contracts, and how to negotiate a contract on favorable terms. The presentation will also highlight examples of contractual issues and offer guidance on how to best position your business in the face of contract disputes. The material will explain critical problems that can occur if a diligent approach is not utilized in negotiating a contract. Every contract must be negotiated with an understanding that a breach of contract will cause costly and time-consuming litigation.
Learning Objectives
- You will be able to plan to obtain the results you want in a business contract.
- You will be able to identify contractual issues and potential solutions to help your business.
- You will be able to recognize risks that exist in any discussion with a party.
- You will be able to understand contractual issues that you should have in every contract.
Agenda
What Should I Consider Before Preparing a Contract?
- Should I Use a Form From the Internet?
- Who Will Be Reviewing the Contract?
- What Is My Bargaining Power?
How Can I Be Sure My Contract Is Legally Enforceable?
- Meeting of the Minds?
- Offer
- Acceptance
- Consideration
How Can I Use AI to Help Me Write a Contract?
- Should I Have a Smart Contract?
- Should I Have AI Prepare My Contract?
- Should I Have AI Give Me Comments Regarding My Contract?
What Provisions Should I Include in Different Types of Contracts?
- Important Provisions
- Purchase and Sale of Products
- Service Contracts
- Information Technology Contracts
- Construction Contracts
Speakers
Mark H. Zietlow,
Innovative Law Group- Attorney in the office of Innovative Law Group
- Frequent lecturer on business law
- Represents innovative companies on the cutting edge of technology, retail stores, distributors, service firms, manufacturing companies, and suppliers
- Admitted to practice in Michigan, Ohio, and the U.S. Tax Court
- J.D. degree, The Ohio State University College of Law; M.S. degree, the Grand Valley State University Seidman School of Business; M.A. degree, The Ohio State University Graduate School of Public Policy and Management; B.A. degree, Capital University in Columbus, Ohio
- Can be contacted at 616-392-4100 or mark@innovative.lawyer
Who Should Attend
This live webinar is designed for purchasing and procurement professionals, buyers, material managers, contract administrators, project managers, controllers, accountants, bookkeepers, and attorneys.
